Tsakos Energy Navigation Ltd
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle… Read more
Tsakos Energy Navigation Ltd - Asset Resilience Ratio
Tsakos Energy Navigation Ltd (TEN) has an Asset Resilience Ratio of 2.51% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Tsakos Energy Navigation Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tsakos Energy Navigation Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $94.50 Million | 2.51% |
| Total Liquid Assets | $94.50 Million | 2.51% |
Asset Resilience Insights
- Limited Liquidity: Tsakos Energy Navigation Ltd maintains only 2.51% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Tsakos Energy Navigation Ltd Industry Peers by Asset Resilience Ratio
Compare Tsakos Energy Navigation Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331 |
Oil & Gas Midstream | 10.97% |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267 |
Oil & Gas Midstream | 0.01% |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492 |
Oil & Gas Midstream | 13.78% |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617 |
Oil & Gas Midstream | 0.11% |
|
Nanjing Tanker Corp
SHG:601975 |
Oil & Gas Midstream | 0.05% |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689 |
Oil & Gas Midstream | 0.73% |
|
Jiangxi Jovo Energy Co. Ltd
SHG:605090 |
Oil & Gas Midstream | 4.55% |
|
Awilco LNG ASA
OL:ALNG |
Oil & Gas Midstream | 6.96% |
Annual Asset Resilience Ratio for Tsakos Energy Navigation Ltd (2002–2023)
The table below shows the annual Asset Resilience Ratio data for Tsakos Energy Navigation Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.02% | $646.00K | $3.36 Billion | -9.19pp |
| 2022-12-31 | 9.21% | $304.56 Million | $3.31 Billion | +5.16pp |
| 2021-12-31 | 4.05% | $117.20 Million | $2.89 Billion | -1.13pp |
| 2020-12-31 | 5.18% | $161.12 Million | $3.11 Billion | -0.71pp |
| 2019-12-31 | 5.89% | $185.63 Million | $3.15 Billion | -0.51pp |
| 2018-12-31 | 6.40% | $204.98 Million | $3.21 Billion | +0.60pp |
| 2017-12-31 | 5.79% | $195.48 Million | $3.37 Billion | -0.01pp |
| 2016-12-31 | 5.80% | $190.10 Million | $3.28 Billion | +5.80pp |
| 2015-12-31 | 0.00% | $28.00K | $2.90 Billion | -0.09pp |
| 2014-12-31 | 0.09% | $2.44 Million | $2.70 Billion | +0.08pp |
| 2013-12-31 | 0.01% | $140.00K | $2.48 Billion | -0.06pp |
| 2012-12-31 | 0.07% | $1.66 Million | $2.45 Billion | -0.03pp |
| 2011-12-31 | 0.10% | $2.53 Million | $2.54 Billion | -0.03pp |
| 2010-12-31 | 0.13% | $3.38 Million | $2.70 Billion | -0.01pp |
| 2009-12-31 | 0.13% | $3.33 Million | $2.55 Billion | -0.16pp |
| 2008-12-31 | 0.29% | $7.58 Million | $2.60 Billion | +0.24pp |
| 2007-12-31 | 0.05% | $1.20 Million | $2.36 Billion | -0.43pp |
| 2006-12-31 | 0.48% | $9.40 Million | $1.97 Billion | -0.46pp |
| 2005-12-31 | 0.94% | $10.24 Million | $1.09 Billion | +0.79pp |
| 2004-12-31 | 0.15% | $1.45 Million | $938.97 Million | -0.12pp |
| 2002-12-31 | 0.28% | $7.00 Million | $2.50 Billion | -- |